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What is the probloum of what …

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What is the probloum of what to produce

Posted by Abhishek Rana 7 years, 8 months ago

CBSE > Class 12 > Economics

4 answers

Akshita Yadav 7 years, 8 months ago

What to produce is the problem for the producers as their are two types of goods 1)capital goods and 2) consumer goods. Consumer goods are for present consumption while capital goods helps in increasing the production level so the producer had to choose one type of good to produce as resources are scarce.

Yashi Rai 7 years, 8 months ago

What to produce- In this the economy has to decide what goods and services to be produced according to the available resources and needs. This problem has two aspects i.e. 1) what possible goods and services to be produced 2) how much quantity to be produced.

Deeksha Rajpoot 7 years, 8 months ago

This problem relates to the selection of goods and services which is to be produce and in how much quantity it to be produced

Lakshita Sharma 7 years, 8 months ago

This problem is one of the main problem bcoz more people more wants and this confuses the producers to what to produce then they produces the goods according to demand that is in ch 2

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